Coinbase Hints At Native Token For Base Network 'We're Just Updating Our Philosophy,' Says CEO Brian Armstrong

2025-09-15 03:26:53

(MENAFN- AsiaNet News)

Coinbase's Ethereum-based Layer 2 network, Base, is exploring the launch of a native token, according to Base creator Jesse Pollak.

“Base is a bridge, not an island,” Pollak said during Monday's live-stream of the BaseCamp conference, emphasizing the network's goal of integrating more closely with the broader Ethereum ecosystem. The announcement marks a shift from Coinbase's prior position, in which company representatives repeatedly stated there were no plans to issue a token for the network.

Coinbase CEO Brian Armstrong confirmed the exploration in a post on X, noting that while the company is considering a native token,“there are no definitive plans” at this stage. Base currently uses Ethereum (ETH) as its gas token, and any token launch would represent a significant expansion of the network's economic infrastructure.“We're just updating our philosophy. As of now, we're exploring it,” he wrote.

Source: @brian_armstrong/X

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